Colorado 500 Charities Fund

Analysis

Colorado 500 Charities Fund is a registered charity in United States, based in Basalt, CO. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2022, Colorado 500 Charities Fund reported income of $322k and spending of $335k, spending 104% of its income. Across the 4 years on record, from November 2019 to November 2022, income grew from $282k to $322k (+14%), an average of +4.6% a year. The sharpest change came in the year to November 2021, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado 500 Charities Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Madison County Pregnancy Help Center Inc ($322k), St Francis Apartments Inc ($322k) and Panola College Foundation ($322k).

On its Form 990 for the period ending November 2022, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $115k (34% of expenses). At year end it held assets of $763k against liabilities of $3,028, net assets of $760k. It reported 2 employees.